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Business Plan - Is a Business Plan Really Necessary?

September 6th, 2008 by Business Marketing

“For which of you, intending to build a tower, sitteth not down first, and counteth the cost, whether he have sufficient to finish it?” This is a legitimate question posed by Jesus Christ of Nazareth in the Gospel of Luke (14:28). Business plans are the equivalent of counting the cost of building a temple. Who would start a business without first counting the cost of starting and running that business. This is the purpose of the business plan.

Business plans are necessary but only if you want to avoid the consequences of failing to do so. Jesus continued his lesson in the next verses, “Lest haply, after he hath laid the foundation, and is not able to finish it, all that behold it begin to mock him, Saying, This man began to build, and was not able to finish.” In other words, if you neglect planning, you will ultimately fail. No matter how great your idea, no matter how passionate you feel about the business, you must still take the time to create a working business plan.

Business Plan Help

If you’re stalling in your business plan creation, start at SBA.gov to get the basic section of the business plan and to learn what each section should contain. Draft a bare bones plan then find your local Small Business Development Center (SBDC). SBDCs offer free business consulting and very inexpensive workshops in all fifty states. Between these two sources you will be able to create a plan that will get your business off the ground quickly.

Rosalyn Watts is the author of “Finding Your Wealthy Place Guide.” She is a small business consultant who left her successful law practice to pursue her purpose and passion of helping other small business owners focus, start and prosper. Rosalyn shares her message of entrepreneurship through articles, workshops, and private consultations.

For her free 5-part series entitled, “How to Get Money to Start Your Business” and 30-minute virtual coaching session sign up at http://www.priorityonelife.com

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